Vehicle Friction Material Market, Global Outlook and Forecast 2024-2031

Report ID: 1650939 | Published Date: Oct 2024 | No. of Page: 112 | Base Year: 2023 | Rating: 3.7 | Webstory: Check our Web story

This report contains market size and forecasts of Vehicle Friction Material in global, including the following market information:
Global Vehicle Friction Material Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Vehicle Friction Material Market Sales, 2017-2022, 2023-2028, (Million Pcs)
Global top five Vehicle Friction Material companies in 2021 (%)
The global Vehicle Friction Material market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Brake Pads Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Vehicle Friction Material include Akebono Brake, Nisshinbo, Bosch, Continental, GMP Friction Products, Tenneco, Bendix, Sangsin Brake and BorgWarner, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Vehicle Friction Material manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Vehicle Friction Material Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Million Pcs)
Global Vehicle Friction Material Market Segment Percentages, by Type, 2021 (%)
Brake Pads
Brake Linings
Clutch Discs
Brake Blocks
Others
Global Vehicle Friction Material Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Million Pcs)
Global Vehicle Friction Material Market Segment Percentages, by Application, 2021 (%)
Automotive
Train
Marine
Airplane
Others
Global Vehicle Friction Material Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Million Pcs)
Global Vehicle Friction Material Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Vehicle Friction Material revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Vehicle Friction Material revenues share in global market, 2021 (%)
Key companies Vehicle Friction Material sales in global market, 2017-2022 (Estimated), (Million Pcs)
Key companies Vehicle Friction Material sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Akebono Brake
Nisshinbo
Bosch
Continental
GMP Friction Products
Tenneco
Bendix
Sangsin Brake
BorgWarner
Shandong Longji
Shandong Gold Phoenix
Svendborg Brakes (Altra Motion)
Carlisle Brake & Friction (CBF)
Aisin Chemical Co
Schaeffler
Vulkan
BPW Group

Frequently Asked Questions
Vehicle Friction Material Market report offers great insights of the market and consumer data and their interpretation through various figures and graphs. Report has embedded global market and regional market deep analysis through various research methodologies. The report also offers great competitor analysis of the industries and highlights the key aspect of their business like success stories, market development and growth rate.
Vehicle Friction Material Market report is categorised based on following features:
  1. Global Market Players
  2. Geopolitical regions
  3. Consumer Insights
  4. Technological advancement
  5. Historic and Future Analysis of the Market
Vehicle Friction Material Market report is designed on the six basic aspects of analysing the market, which covers the SWOT and SWAR analysis like strength, weakness, opportunity, threat, aspirations and results. This methodology helps investors to reach on to the desired and correct decision to put their capital into the market.

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